The Conservative Cave
Current Events => The DUmpster => Topic started by: Freeper on May 24, 2012, 06:40:39 PM
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marmar
HP to cut 27,000 jobs
SAN FRANCISCO—Hewlett-Packard plans to jettison 27,000 workers as the growing popularity of smartphones, the iPad and other mobile devices makes it tougher for the company to sell personal computers.
The cuts announced Wednesday represent the HP’s largest payroll purge in its 73-year history.
The reductions will affect about eight per cent of Hewlett-Packard Co.’s nearly 350,000 employees by the time the overhaul is completed in October 2014.
HP hopes to avoid as many layoffs by offering early retirement packages. ................(more)
The complete piece is at: http://www.thestar.com/business/article/1183112--hewlett-packard-to-cut-27-000-workers?bn=1
http://www.democraticunderground.com/1002721707
How can this be? I keep hearing how wonderful the economy is doing and how we desperately need 4 more years of 0bama to continue with this great prosperity. :lmao:
GObamaGO
6. Just Meg Whitman creating jobs...
Oh wait!
Maybe 0bama will swoop in and save them.
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A liberal friend of mine, yesterday, blamed this on Bush and his tax cuts. :mental:
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A liberal friend of mine, yesterday, blamed this on Bush and his tax cuts. :mental:
Everything bad for the next 100 years will be Chimpy's fault. :-)
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Everything bad for the next 100 years will be Chimpy's fault. :-)
Isn't that the truth.
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GObamaGO
6. Just Meg Whitman creating jobs...
Oh wait!
Yeah she should follow the union way, don't innovate, restructure or reorganize just ultimately go bankrupt.
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Yeah she should follow the union way, don't innovate, restructure or reorganize just ultimately go bankrupt.
Does Obama know about this?
Hell yeah and he don't care.
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Yeah she should follow the union way, don't innovate, restructure or reorganize just ultimately go bankrupt.
They act like they don't know who has absolute power over California, and it sure isn't Whitman.
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GObamaGO
Just Meg Whitman creating jobs...
Oh wait!
Primitive, your user name explains your blind allegiance.
.
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A liberal friend of mine, yesterday, blamed this on Bush and his tax cuts.
That's almost as dumb as blaming Obama for "the growing popularity of smartphones, the iPad and other mobile devices makes it tougher for the company to sell personal computers."
[youtube=425,350]http://www.youtube.com/watch?v=sR0XXPZUDQU[/youtube]
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HP cutting jobs has nothing to do with either Bush or Obama. They failed to innovate and reorganize to the changing market. Plus, you had the previous CEO declare they were going to be a consulting company and slashing the price of their tablet within weeks of it's debut. Poor management. HP is now, supposedly, changing their direction and consequently needs to reorganize to be a leaner organization. HP didn't see what was coming and now are trying to remain relevant.
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27k jobs lost will, according to the owebuma number crunchers, reduce unemployment to below 8%. And just in time for the campaign season.
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DUmpmonkey forgot to mention that the figure will only affect 8%.
For those folks, I wish them well.
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DUmpmonkey forgot to mention that the figure will only affect 8%.
For those folks, I wish them well.
Saying it's only 8% is minimizing the numbers though. 27k is a lot of people. I wish them well, as do you. Hopefully HP does this correctly. Where I work they offered the executives a buy out to minimize excess middle management, and then shifted around structure under that. I think that's what tends to happen to larger organizations, too many middle managers. Consolidation and streamlining helps a lot. I hope HP finds the right path and then sets up a good strategic organization that they were obviously lacking.
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Saying it's only 8% is minimizing the numbers though. 27k is a lot of people. I wish them well, as do you. Hopefully HP does this correctly. Where I work they offered the executives a buy out to minimize excess middle management, and then shifted around structure under that. I think that's what tends to happen to larger organizations, too many middle managers. Consolidation and streamlining helps a lot. I hope HP finds the right path and then sets up a good strategic organization that they were obviously lacking.
When there's that much pain inflicted on a company's workforce, the CEO, or COB, or whomever is the company's highest ranking officer should be sent packing too, with the same proportional severance package afforded to the rest being terminated.
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When there's that much pain inflicted on a company's workforce, the CEO, or COB, or whomever is the company's highest ranking officer should be sent packing too, with the same proportional severance package afforded to the rest being terminated.
Alas, such a perfect world has yet to be conceived!
Plus, Whitman is a new CEO righting the path (supposedly) from the previous. HP could become another Kmart - failure to perceive the upcoming market and adjust accordingly. I'll be watching the next few years to see what happens to HP.
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Alas, such a perfect world has yet to be conceived!
Plus, Whitman is a new CEO righting the path (supposedly) from the previous. HP could become another Kmart - failure to perceive the upcoming market and adjust accordingly. I'll be watching the next few years to see what happens to HP.
Any commander in the US armed forces who displayed that kind of dereliction would be relieved. Just sayin'
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Any commander in the US armed forces who displayed that kind of dereliction would be relieved. Just sayin'
Well, I see what you're saying. The business world isn't run like the armed services, for better or worse. I will give Whitman a chance as the new commander to make the changes she feels necessary to correct the previous administration's decisions. To me it's hard to fault a CEO that decides it's time to streamline based on the ineffectual leadership that came before them. :)
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Well, I see what you're saying. The business world isn't run like the armed services, for better or worse. I will give Whitman a chance as the new commander to make the changes she feels necessary to correct the previous administration's decisions. To me it's hard to fault a CEO that decides it's time to streamline based on the ineffectual leadership that came before them. :)
Bush did it....and the Jooooos.
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HP cutting jobs has nothing to do with either Bush or Obama. They failed to innovate and reorganize to the changing market. Plus, you had the previous CEO declare they were going to be a consulting company and slashing the price of their tablet within weeks of it's debut. Poor management. HP is now, supposedly, changing their direction and consequently needs to reorganize to be a leaner organization. HP didn't see what was coming and now are trying to remain relevant.
ding, ding, ding.
HP is teh sux. I know, I worked for them for three years.
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ding, ding, ding.
HP is teh sux. I know, I worked for them for three years.
piss test? :fuelfire:
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piss test? :fuelfire:
Laid off. Twice.
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Laid off. Twice.
better than being laid on I guess
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HP cutting jobs has nothing to do with either Bush or Obama. They failed to innovate and reorganize to the changing market. Plus, you had the previous CEO declare they were going to be a consulting company and slashing the price of their tablet within weeks of it's debut. Poor management. HP is now, supposedly, changing their direction and consequently needs to reorganize to be a leaner organization. HP didn't see what was coming and now are trying to remain relevant.
Truer words, never spoken, all that follows...
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These big companies often get very fat around the middle. Any of us who's worked for one has seen it happen. Political battles are won and lost, fiefdoms are grown. All of a sudden you have things like
Executive Director for Best Practices, with a staff of 15 Assistants
Management Specialist, Diversity Initiatives, with staff of 5 Associates
Manager, Wellness and Fitness, with staff of 10 Deputies
It can be just like government, the lard creeps in. Sometimes you gotta clean house.
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If 0bama was running HP the headline would read 311,000 jobs saved or created at HP!!
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Everything bad for the next 100 years will be Chimpy's fault. :-)
I see you're an optimist...
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This is why DUmmies will never, ever run a business of any size: their goal is to maximize the number of people working at a company, whereas responsible companies are interested in maximizing shareholder value. When a DUmmy sees cash EBITDA greater than the cost of wages and benefits, they demand that every cent of it be spent on hiring. When I see positive cash EBITDA, I start prying the business apart to see what may require more human capital and what can be cut.
HP is a textbook case of DUmmy management: not knowing exactly what they want to be, they hire and hire and hire until they realize that they're getting clobbered in the marketplace by more agile competition, and then they have to cut back. The DUmmies scream and whine, forgetting that Apple (their darling) has about 15% of the number of employees as HP.
But this is nonsense to a DUmmy: they think that even a job pushing a broom requires union representation, a full pension with paid healthcare, all on top of Social Security.
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I see you're an optimist...
^5
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better than being laid on I guess
Well, that all depends on whether what is laying on you is a sexy redhead or not :naughty:
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Well, that all depends on whether what is laying on you is a sexy redhead or not :naughty:
(http://barnabyisright.files.wordpress.com/2011/11/laughcard-brownnoser.jpg)
:tongue:
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(http://barnabyisright.files.wordpress.com/2011/11/laughcard-brownnoser.jpg)
:tongue:
:rotf: :rotf:
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HP has been in free fall for about 4 to 5 yrs. The two CEO's prior to Whitman weren't helpful at all in stemming the decent,in fact they both made decisions that added to HP's malaise. Whitman has been faced with making the tough calls to keep HP a viable entity.
Wasn't long ago consumers were laying down around $500 for a HP printer, just a printer and they were happy with the purchase. Now you can get an all-in-one printer , scanner,copier for under $100. hell you can get one for under $50 for general everyday home use.
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HP has been in free fall for about 4 to 5 yrs. The two CEO's prior to Whitman weren't helpful at all in stemming the decent,in fact they both made decisions that added to HP's malaise. Whitman has been faced with making the tough calls to keep HP a viable entity.
Wasn't long ago consumers were laying down around $500 for a HP printer, just a printer and they were happy with the purchase. Now you can get an all-in-one printer , scanner,copier for under $100. hell you can get one for under $50 for general everyday home use.
I the main problem with the company is that they charge you $50.00 a printer with the ink included, and then charge you $80.00 for the said printer ink refill. It is cheaper to just buy a new printer when you run out of ink.
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I the main problem with the company is that they charge you $50.00 a printer with the ink included, and then charge you $80.00 for the said printer ink refill. It is cheaper to just buy a new printer when you run out of ink.
Printers have become what is called Loss leaders , they make very little money off them. Ink cartridges carry about a 3000% mark up on them.
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Printers have become what is called Loss leaders , they make very little money off them. Ink cartridges carry about a 3000% mark up on them.
Yeah, but when you charge more for the ink refill than you do for the printer. Why not jut buy a new printer when you run out? You would think that they would realize that.
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Yeah, but when you charge more for the ink refill than you do for the printer. Why not jut buy a new printer when you run out? You would think that they would realize that.
It's a safe bet someone is working on something that makes printers , as we know them, obsolete.
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It's a safe bet someone is working on something that makes printers , as we know them, obsolete.
I can see that happening.
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Something that's always puzzled me about printers and their ink, especially from HP. Why is everything so damned specialized? You have scour the aisles at Staples and read the tiny, tiny fine print to make sure you're getting the right one. There are countless varieties. Couldn't you manufacture these things at next to nothing if they were all standard or closer to it?